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Mubadala Signs MoU To Explore Petchem Opportunities In Indonesia
Mubadala, OMV and petrochemical leaders PT Chandra Asri Petrochemical Tbk and PT Chandra Asri Perkasa signed a Memorandum of Understanding to explore opportunities for collaboration in the petrochemical sector in Indonesia.
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Emirates Strategic Investments Company Debuted USD 600 Million 5-Year Sukuk
Investor demand for the Sukuk was exceptionally strong as evidenced by a USD 3.7bn orderbook, representing an oversubscription rate of 6.2 times. More than 135 investors from over 20 countries participated in the transaction.
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ADGM, Beijing Municipal Bureau To Increase Financial And Fintech Activities
Following the state visit by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.
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Important precautions to take when buying a used car
When you decide to buy a car, you are mentally prepared to part with a large sum of your hard-earned money and hence this should be a well-informed decision.
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Abu Dhabi’s Imports And Exports Of Agricultural Goods, Down, Re-Exports Up In 2018:SCAD
The value of Emirate of Abu Dhabi’s imports of agricultural goods and foods slightly decreased in 2018 to AED 7.71 billion from AED 7.78 billion in 2017, according to Agricultural Statistics 2018 of Foreign Trade in Agricultural Commodities, released by Statistics Centre - Abu Dhabi, SCAD, on Monda
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Jubail Island Investment Company Awards AED50 + Million Marine Works Contract
Jubail Island Investment Company (JIIC) has awarded an AED50 + million marine works contract for Jubail Island to National Marine Dredging Company.
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Abu Dhabi Global Market And Oneconnect Of Ping An Collaborate On Fintech Development And Innovation
Abu Dhabi Global Market (ADGM), the award-winning International Financial Centre, and OneConnect Financial Technology Co. Pte Ltd(OneConnect) signed a Memorandum of Understanding (MOU) to promote and develop FinTech innovation.
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Confucius Institute At Zayed University To Teach Chinese Art, Calligraphy
The Confucius Institute at Zayed University will begin teaching classical Chinese art and calligraphy, along with the Chinese language, to government and private institutions.
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Aldar Presses Ahead With Work On Recently Awarded Projects
Following its appointment by the Government of Abu Dhabi to deliver AED 5 billion worth of landmark projects in the Emirate, Aldar Properties PJSC (’Aldar’) announced today further details on the commercial and socio-economic impact that these projects are expected to deliver.
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The Department Of Culture And Tourism - Abu Dhabi Launches TechZone Initiative
Aimed at 10 to 20-year-olds, TechZone offers participants the chance to gain skills in the areas of photography, design, photo editing, computer science and project management, and forms part of the Summer #inAbuDhabi Season.
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Shams Power Achieves 1 Million Man-Hours Without Lost Time Injuries
In June 2019, Shams Power Company successfully reached one million man-hours without any lost time injuries.
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UAE’s Non-Oil Trade With China Amounted To US$43 Billion In 2018: Minister Of Economy
Sultan bin Saeed Al Mansouri, Minister of Economy, stated that China is the UAE’s leading trade partner in terms of non-oil commodities, accounting for 9.7 percent of its total non-oil trade in 2018, valued at over US$43 billion.
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Abu Dhabi Bank Named ’World’s Best Bank For Transformation’
First Abu Dhabi Bank, FAB, has been named ’World’s Best Bank for Transformation’ at the Euromoney Awards for Excellence 2019, at the recent ceremony in London.
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Khalifa Fund Establishes ’Mohamed Bin Zayed Centre For Innovation And Entrepreneurship’ In Republic Of Senegal
Under the directives of H.H. Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE and the instructions of H.H. Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.
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ADIB, Al Baraka Banking Group Sign MoU To Expand Network
The correspondent banking arrangement provides clients with greater flexibility and access to a wider network, in order to conduct seamless cross-border fund transactions.
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ADNIC Recognised As ’UAE’s Most Outstanding In Corporate Insurance Services’
Abu Dhabi National Insurance Company, ADNIC, has been adjudged ’Most Outstanding in Corporate Insurance Services - UAE’ by the Corporate LiveWire Innovation and Excellence Awards 2019.
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His Excellency Dr. Ali Obaid Al Dhaheri, Ambassador Of The United Arab Emirates To The People’s Republic Of China
The state visit of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.
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UAE’s Bank Assets Total AED1.68 Trillion In H1 2019
Total assets of the UAE’s six national banks totalled AED1.68 trillion in the first half of 2019, an increase of AED170 billion, or 11.2 percent, compared to AED1.51 trillion in the same period of 2018.
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FAB Reports Record H1 Net Profit Of AED 6.3 Billion
First Abu Dhabi Bank,FAB,reported a record half year net profit of AED 6.3 billion, up 4% year-on-year, driven by revenue growth, coupled with continued cost control and prudent risk management.
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Abu Dhabi Ranks First In Terms Of Total Capital Of Public Shareholding Companies Registered At SCA
According to the SCA’s statistics, the total registered capital of local companies amounted to AED412 billion, of which AED190.4 billion account for public companies and AED221.5 billion for non-governmental organisations, NGO.
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Industrial Production Index Rises 16.6% In Q1 2019
The Industrial Production Index rose by 16.6 percent in the first quarter of 2019, compared to the same period in 2018, rising from 122.3 percent to 142.5 percent during the monitoring period, according to figures released by the Statistics Centre-Abu Dhabi, SCAD.
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ADFD Disburses AED92 Billion In Development, Investment Expenditure In 48 Years
In a report marking its 48th anniversary, Abu Dhabi Fund for Development, ADFD, the national entity for international development aid, has announced that it has allocated about AED92 billion in development funding and investments to 90 beneficiary countries.
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MoE Reduces, Cancels Fees For Over 100 Public Services
The Ministry of Economy has announced a new amended fee and fine structure for a package of 110 services in the implementation of Cabinet Resolution No. (51) of 2019 on reduction of government services fees it provides to customers and businesses.
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Abu Dhabi Develops Walking And Cycling Facilities
The Integrated Transport Centre, ITC, in Abu Dhabi and Abu Dhabi Cycling Club have signed a Memorandum of Understanding, MoU, to develop the walking and cycling facilities in the Emirate of Abu Dhabi.
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Abu Dhabi to build AED1.882 billion housing complex for Emiratis in Al Falah
The Abu Dhabi Housing Authority will develop an integrated housing complex at the cost of AED1.882 billion for Emiratis.
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Real Estate Sector Employment Rate Rose By 4.4% In First Quarter Of 2019
According to statistics from the UAE Central Bank, the employment rate of the UAE’s real estate sector rose by 4.4 percent in the first quarter of 2019, compared to the same period in 2018.
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Abu Dhabi Economic Vision 2030 Discussed At Global Manufacturing And Industrialisation Summit
The Abu Dhabi Economic Vision 2030 was the central focus of a panel discussion on the second day of the Global Manufacturing and Industrialisation Summit,GMIS, in the Russian city of Yekaterinburg.
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ADNIC Launches WhatsApp Business Services
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance provider for corporates and individuals, has announced the launch of its ’verified’ WhatsApp Business service.
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Abu Dhabi Government Partners With Aldar To Deliver Projects Worth AED5 Billion
In line with the vision of Abu Dhabi to become one of the best places in the world to do business, invest, work, live and visit, multiple Abu Dhabi Government entities have partnered with Aldar Properties, Aldar.
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Ma’an Launches First Panel Discussion With Government And Private Sector Representatives
A host of private sector and government organizations across Abu Dhabi have committed to working alongside the Authority for Social Contribution - Ma’an, to develop new solutions for social challenges and support the work of the community sector.
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UAE To Launch ’Falcon Eye 1’ Satellite On Thursday
The United Arab Emirates will launch the ’Falcon Eye 1’ satellite into orbit on Thursday, 11th July, at the French Guiana Space Centre at 05:53 UAE time (01:53 GMT).
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UAE Spends AED65.74 Billion On Social Benefits In 2018
According to statistics from the Ministry of Finance, the UAE’s total spending on social benefits in 2018 amounted to AED65.74 billion, accounting for 16.8 percent of government spending.
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DPM Reveals Real Estate Transactions For H1 2019 In Abu Dhabi
The Department of Urban Planning and Municipalities (DPM) has released its first biannual report on real estate transactions in Abu Dhabi for the first half of 2019.
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Winners Of HIPA’s Instagram Photo Contests Announced
The Hamdan bin Mohammed bin Rashid Al Maktoum International Photography Award, HIPA, has concluded the April and May editions, which were titled The Sea and Traditions respectively.
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The Department Of Culture And Tourism - Abu Dhabi Announces July Events At Qasr Al Watan Library
The Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) has announced an exciting calendar of events which will take place at Qasr Al Watan Library in July, including panel discussions with renowned authors and an interactive writing workshop.
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ADNOC Distribution Announces Free Assisted Fueling For July, August
ADNOC Distribution today launched its ’Hello Summer’ campaign offering ADNOC Wallet customers free assisted fueling between 11 am to 5 pm in July and August.
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Abu Dhabi Airports, Abu Dhabi Ports Exchange Knowledge, Expertise
A team from Abu Dhabi Ports has visited Abu Dhabi Airports to review best practices and share knowledge and experience.
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ICA Launches Free SIM Card For Tourists
The Federal Authority for Identity and Citizenship, ICA, has launched ’SIM 24’ initiative offering free SIM cards to all tourists upon their arrival in the UAE.
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Abu Dhabi Tobacco Trade Declines In 2018
The value of Abu Dhabi’s trade in raw tobacco and manufactured tobacco products declined sharply in 2018 compared to 2017, reflecting the success of the decision to apply excise tax.
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DCT Abu Dhabi To Host ’Reading For All’ Exhibition At Yas Mall
The Department of Culture and Tourism - Abu Dhabi, DCT Abu Dhabi, in collaboration with Yas Mall, is organising a ’Reading for All’ exhibition until 20th July, to encourage a love of reading amongst children and the general public.
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